In this episode, The Annuity Man discusses:

• How the COVID19 pandemic has affected retirement plans.
• The Retirement Watch newsletter and how it can help you.
• What DC is doing that can affect retirement.
• Inflation and adding inflation hedges to your portfolio.

Key Takeaways:

• While the focus of retirement planning is on the financial side, that is the least important side of your retirement planning. Knowing what you're going to do in retirement is vital.
• You need to keep up with changes and revise your retirement plan as necessary.
• The social security trust fund got hit on both ends during the 2020 year which could change when the trust fund runs out of money.
• Each year you delay taking social security, it increases 8% tax free.

"Even though social security is probably going to run out of money faster than it would have, that doesn't mean there isn't going to be a social security fund or a social security program." — Bob Carlson

Connect with Bob Carlson:

Website: https://www.retirementwatch.com/

Facebook: https://www.facebook.com/RWcommunity

Twitter: https://twitter.com/RetirementWatch

Most Recent Book: https://www.amazon.com/Wheres-My-Money-Secrets-Security-ebook/dp/B0853F3R7R

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [email protected]

Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g

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